The Federal Court of Australia has ordered a meeting of Aquila Resources Ltd's shareholders in October to consider the 'scheme' for the demerger of certain of the company's exploration interests in new company Aquila Exploration Limited.
Ausdrill Ltd joint venture vehicle, African Underground Mining Services, has won a four-year $90 million production mining contract with the West African Red Back Mining.
Kwinana-based engineering and fabrication company Ausgroup Ltd has reported a fall in annual profit despite achieving a big increase in revenue and having a record order book.
Contracting companies Abigroup, Macmahon Holdings, Laing O'Rouke and BGC Contracting have been the major beneficiaries of multi-million dollar road contracts awarded in Western Australia in the past two months.
20 Aug 2008
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